WHAT THE OTHER PAPERS SAY THIS MORNING June 11, 2009 FINANCIAL TIMES GAZPROM IN IRAN PIPELINE TALKSGazprom is in talks with Iran and Pakistan to build a large section of a long-awaited gas pipeline between the two countries, a senior Iranian energy official says. The participation of Russia’s state-controlled energy group could kick-start the pipeline project, which has been delayed because of disagreements that have [...]
Keep an eye on geopolitics: it matters to the forex markets May 26, 2009 OPPORTUNISTIC currency traders have always been quick to price in oil price spikes, non-standard monetary policies and signs of green shoots, sending currencies up and down depending on the level of risk aversion in the markets. Risk appetite, or the lack of it, has been a major driver of currency movements since the start of [...]
Keep an eye on geopolitics: it matters to the forex markets May 26, 2009 OPPORTUNISTIC currency traders have always been quick to price in oil price spikes, non-standard monetary policies and signs of green shoots, sending currencies up and down depending on the level of risk aversion in the markets. Risk appetite, or the lack of it, has been a major driver of currency movements since the start of [...]
Markets mustn’t ignore geopolitical risk May 25, 2009 FOR most investors, consumers and employees around the world, the only public policy debate that really matters is how to deal with the recession – understandably so, given the devastation it has already wreaked. In Britain, we are also seeking to rescue democracy from corrupt politicians. Yet while there is plenty to worry about at [...]
The time has finally come to go short on oil September 8, 2008 Decreased production and low consumption mean that fuel prices are falling, says Katie Hope The black stuff is finally on the slide. From the heady heights of July this year when oil hit $147 a barrel and analysts were predicting it could catapult to $200 a barrel, forecasters are now betting the next move will [...]
Oil to keep sliding after slumping to 3-month low August 6, 2008 Oil fell to $118 a barrel yesterday, a three-month low, as traders reacted to rising supplies and declining demand in America and Europe. The price of US crude fell as low as $118 a barrel, before recovering to trade at $119.13. While in London Brent crude fell by $2.20 to $118.48 a barrel. Oil supplies [...]
West warns Iran over nuclear tests July 10, 2008 Iran test-fired nine missiles yesterday and warned America and Israel it was ready to retaliate for any attack over its disputed nuclear projects. Washington, which says Iran seeks atomic bombs, told Tehran to halt further tests. Iran says its nuclear programme is only for electricity. Iran’s missile tests rattled oil markets, helping crude prices to [...]
What Brand America and Brand Britain must do to shine July 8, 2008 Even though the past few days have included 4 July, my national holiday, it felt like a very British week to this American in London. Rafael Nadal’s epic victory at Wimbledon showcased some of the best tennis ever. A Number 10 Downing Street reception and a Prince’s Trust Dinner at Windsor Castle capped off the [...]
Growth fears as oil surges to fresh peak July 1, 2008 Motorists and business to be hit as oil hits a new record of $143 a barrel in New York Crude oil prices rose to a record high of over $143 per barrel yesterday due to tensions in the Middle East, stoking fears that the global economy is being throttled by a double whammy of sky [...]
New storm fears stoke up oil prices October 18, 2005 Oil prices leapt by more than $1 a barrel as tropical storm Wilma threatened to move into the oil-rich Gulf of Mexico by the end of the week. American crude was up by $1.27 to $64.05 by late afternoon yesterday. The storm has winds of 45 mph and s forecast to strengthen in the next [...]